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CBS
Feb 3, 2013 6:30am EST
market. also, the cut back in department of defense outlays, is likely to fuel concerns about the size of a slow down and the full economic fallout of the large quote unquote sequester cuts scheduled for a month from now, the start of march. the president's press secretary said this about the sequester. quote, across-the-board cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our long-term economic prospects. unquote. a growing number of analysts believe the political will to stop the sequester is lacking. it will take effect, at least temporarily, they believe, and that will pose a further the f of this year. question. the fed is saying that the fourth quarter contraction october, november, december of 2012 was due chiefly to quote unquote transitory factors. is this true? or is the recovery stalling out pat buchanan? >> i think basically it is true, john. the u.s. economy is out of the intensive care it was in, in 2007-2008 but it has been walking the hospital halls ever since. the growth has been growing at an average
MSNBC
Jan 31, 2013 7:00pm PST
wants to become the next secretary of defense. >> gear up for a gold old fashioned grills. ji want to know if you were right or wrong. >> will you please answer the question. >> if you would like me to explain. >> i would actually like an answer. >> i want the truth. you can't handle the truth. >> haegle faces questions from the panel. >> balance the budget and also the issue of sexual asouth in the military. >> now estimated at 19,000 a ye year. >> they want to create the fear. >> a woman trying to defend her childr children. wom women he needed to defend themselves. >> they want to create the fear. >> trying to inject fear where a mother runs out of bullets. >> six bullets may not be enough. it is all fear basebased. >> at the senate hearing today for chuck haegle for secretary of defense. most senators thought this was the big question. >> troubleing statements that he has made about israel. >> refused to sign the letter supporting israel. >> israel our relationship with israel. >> do you think the nation of israel has committed war crimes? >> john mccain thought this was the bi
CNBC
Feb 7, 2013 7:00pm EST
's really not catching fire. a lot of defense industry lobbyists are giving republicans heat, they don't feel heat from the constituents because the constituents they think want to see real spending cuts. americans want spending cuts, they don't want political gains. >> i really do. i think when you look at the poll, americans still want smaller government and fewer services, aka spending cuts. i think this is the white house's big mistake, they're barking up the wrong tree. the only question i have, it is after all republicans, will they hang tough? in your opinion, you're closer to it, will they hang tough? >> i spent all day on capitol hill talking to house republicans privately saying what's going to happen between now and march 1st? they say the house leader has promised them privately they're not going to replace the sequester unless there are real cuts to replace the sequester, nothing else, tax reform, tinkering with the tax code, different kinds of cuts is not going to cut it because house republicans have been promised the sequester is going to happen unless it's a real solid
FOX News
Jan 31, 2013 9:00pm PST
secretary of defense, chuck hagel came under heavy fire during his hearings before the senate armed services committee. they held his feet to the fire and they asked him tough questions about his past controversial comments including anti-semitic positions. watch this. >> he said the jewish lobby, a lot of people i'm a united states senator. this pressure makes us do dumb things at times. you said the jewish lobby should not have been used and some other term. name one person in your opinion who is intimidated by the israel lobby in the united states senate. >> well, first. >> name one. >> i don't know. >> why would you say it? >> i didn't have in mind a specific person. >> do you agree that is a provocative statement that i can't think of a more provocative thing to say about the relationship between the united states and israel and the senate and congress in which you said. >> in a speech on the floor of the senate you referred to israel's military campaign against the terrorist group member's as a, quote, sickening slaughter. i would suggest the characterizations -- do you think it is rig
FOX Business
Feb 4, 2013 11:00pm EST
of china. charles. you know, jed, you were when defense department, what can be done, what sort of priorities should this model. hold, in particular an area we talk about less spending, and some sanguine that this is not just cyber aspect but overall we won the war, we won all wars, let's break down defense? >> that is ary point, a thing that that is a really key point, this relationship between offensive agressors going against us do, and the abumy of our people to defense against it, it is real simple and relatively simple, i should say, and very inexpensive. comparatively to have a big offensive cyber war capability, this is hugelyxpensive to defend against the it. we're doing things not maybe enough, cyber command, has at this point i believe, no offense of doctrine, they can defend but they do not have the ability to strike back, we ought to have a means by which we would strike back immediately, pretty much automatically when someone hacks into a u.s. government agency, they should get something in the e-mail in return. i'm over simplifying it, but, their computers should
FOX Business
Feb 7, 2013 10:00pm EST
with the testimony of outgoing defense secretary panetta and chairman of joint chiefs general the see both bringing the ugly truth to light of the administration's handling of thank on see -- benghazi resulting in the death of chris stevens. lindsay gramm talked with president obama only once on the day of the attack. >> he relied with myself and the generals capabilities. he knows what we deployed and we presented that to him said he knew generally was deployed with as specifics to time he left that up to us. lou: he said he was bothered by the lack of security and admitted the state department never ask for any help from the military. >> did you ever get the message they could not sustain an attack on the consulate? >> was tracking that intelligence. >> did you receive that information? >> i did. >> get to the bodies. >> a great deal. >> why were forces in place ready to respond? >> we never received a request to do so. lou: we never received a request to do so. meanwhile the defense secretary could not answer a simple question was in charge trying to save the lives of the men murdered that night
MSNBC
Jan 31, 2013 8:00pm PST
trying to destroy the president's pick for secretary of defense, who just happens to be a republican. retired colonel lawrence wilkerson breaks down today's bizarre proceedings. >>> plus, jonathan alter on the new democratic plan to take back the house using citizens united. >>> another big-time republican reveals his disgust for moochers on social security and medicare. richard wolffe, howard fineman, and david corn break down the gop's ongoing problem with half of america. >>> and in center left america, it is no longer okay to be a homophobic professional athlete. >> to let all lgbt teens know that it gets better. >> we'll tell you about the inspiring backlash to a 49ers' anti-gay slur. >>> good to have you with us tonight, folks. thanks for watching. you know, if you had lunch with somebody every tuesday for 12 years, do you think you'd feel like you have kind of got to know them a little bit? chuck hagel must have felt blindsided today by old senate friends. because today republican senators looked like they were competing for an oscar. they tried to see which one could act the
FOX News
Feb 1, 2013 9:00pm PST
down his jobs council. later a top obama advisor slams secretary of defense nominee chuck hagel. find out what colorful language a white house insider is using to dehe scribe the former senator when we come right back. the boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. what's in your wallet? hut! all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gavis
CNBC
Feb 5, 2013 9:00am EST
. there were some who did. but you seem to be going with the defense that we've heard before, which is essentially, these were opinions, they might not have been good opinions, in fact, they were terrible, but nonetheless, that's all they were. fair to say? >> that's what they were. they were the opinions of s & p, reached at a committee level, cdo by cdo, and they were indeed identical opinions, if they had to be, with at least one other rating agency. because the cdos had three rating agencies on it. >> when the government says these were false representations on the part of s & p, they knew better and simply continued to do this because it was such a gravy train for them, notwithstanding $13 million in fees here, but larger case, what's your defense? >> the defense is that it's not true. the defense is that for all the internal debates, and for all the late night e-mails, the government read 20 million pages of e-mails, and you've seen the best that they can cull out of it is here, that for all of that, what was going on was an organization trying its best to come out with answer
FOX Business
Feb 8, 2013 4:00pm EST
treasury prices are telling you really nothing right now. for instance, if you look at cyclicals, defensive, defensive, defensive all the past couple years. now the value play looks like it will be cyclical. basically the cyclicals trade at a pe multiple around 12%. defensive sectors under 14%. cyclicals are up 55% in the past five years and defensive up 24%. something looks out of whack. i think you will start seeing a move into cyclicals right now, maybe out of defensive sectors, if you will. i think that is trend we're going to see to keep continuing bull move. as it continues i don't know. there is reason why. that reason is the market doesn't trust the market or the movement because of the fed's sponsorship of this market. that scares people. it actually should. liz: tim, thank you for the warning. we appreciate it. we'll check in with you in just a few minutes to see how the s&p futures closed. >> sure. david: let's bring in the markets panel. we have ryan detrick and kevin get des. we have to give you, kudos, ryan. you were on in december, in mid-december we were on the edge of a big
FOX Business
Feb 6, 2013 8:00pm EST
rhetoric. romney was unwilling to cut defense, he said nothing about social security. it has to be means tested, he danced around medicare that is a monster that is out of control, only program he was willing to name he would actually cut was big bird stipend if you remember. charles: you started talking about a housing bubble. now for many, we have only just hitterra firma, -- terra firma, but you say already that is a bubble. if that is so is the only bright spot in the economy we're in trouble. >> it is just the same money printing by the fed, if we lock at these markets that were badly injured, during the bust. phoenix, and southern california, florida, this is all, you know hedge fund money. lbo money, fast money coming in buying them by the dozens and hundreds, they are in their for a trade, this is not healthy. these are single family homes spread out in former subprime neighborhoods, there has never been in last 50 years any real economy basis for insteadal visitors -- institutional investor on wildcats to own single family homes in scottsdale, this is easy money, chasing prices
FOX News
Feb 1, 2013 3:00pm PST
. if he is to become the secretary of defense. chief congressional correspondent mike emanuel tells us hagel's confirmation hearing left doubters with plenty of questions. >> a day after bruising confirmation hearing, the former colleagues say the performance did not help his cause and did not win them over. >> i don't intend to vote for him in the committee or on the senate floor. there were so many inconsistencies yesterday, plained by well, i'd have to look at the whole context of what i said at the time. >> that brings the number of republican nos to 12 including richard burke, dan coates, john cornyn, cruz, inhof, kirk, rubio, pat roberts, viter and wicker. he incorrected stated that president obama's policy on the iran nuclear program. >> i just been handed a note that i, i misspoke and said i supported the president's position on containment. if i said that, meant to say that i obviously, his position on containment we don't have a position on containment. >> we do have a position on containment that we do not favor containment. >> hagel appeared unfamiliar with the massive cut
FOX Business
Feb 7, 2013 11:00am EST
numbers. the fourth-quarter gdp all because of inventory and defense spending, other components are growing. first quarter will be 2% growth, so the productivity number will still be weak in the first quarter but not as bad as that in the fourth quarter. connell: give me a bottom line. even after the recession everything we have been through, people still coming out and telling us what is wrong with the economy. >> there are two or three good things going on. consumer sentiment has been at about a 2% rate, 70% of the economy, second housing is recovering. we would not have decent recovery without housing. third, an energy boom going on adding a lot of jobs in parts of the country, places like that, so quite a few right spots in the economy. connell: there we go. pretty well put together. thank you. >> my pleasure. dagen: thinking about the cloud in more and more states. connell: a winner in the big powerball jackpot somewhere in virginia. one of her relatives. dagen: why wouldn't it be? we all play the lottery. right? and the woman defense cuts costing one carrier group in the p
CNN
Feb 3, 2013 5:00am PST
in defense of traditional american moral values. it's attracted parents and supporters from churches precisely because it's in defense of those values. the supreme court has held that the boy scouts have a first amendment constitutional right to pursue their values and to exclude leaders whose presence would be inconsistent with those values. that includes, by the way, not just gays but atheists. we can respect and do respect our fellow citizens that are gays and atheists, we love our fellow relatives and friends that are gays and atheists but we are not obligated to regard them as suitable as scout leaders. >> let me ask zach to weigh in on this. >> i think it's traditional ed is going for the traditional moral framework, he's trying to define this as a liberal fundamental tradition that's become popular in america in the last 40 years. the reality is there are christians of all nominations that are applauding the policy change including united church of christ, one of the top church sponsor who issued a statement on friday that said, quote, the ban is inconsistent with respect and
CNN
Feb 4, 2013 11:00pm PST
of the defense department, that's the highest level of the american military system, would be involved in this? >> yeah, that's extremely unusual, you're right, erin. there were also reports of unmanned surveillance, drones, that have been used. that hasn't been concerned. but it gives you a sense there was from the highest levels a very strong commitment and feeling of sympathy for the little boy and trying to get it resolved in a way where he was safe and that's what happened. >> martin savidge, thank you very much. everyone i know has been talking about the little boy and what it was like for him down in the darkness in that bunker. i want to bring in a psychiatrist and director of children's services for l.a. county hospitals, along with tom fuentes, a contributor for us. we know the ending here now. at least before the child begins his healing process, the child is physically safe. the kidnapper is dead. how could investigators have accomplished this without harming the child? >> it would have taken a great deal of planning and still. in the case of the fbi hostage team, they plan full-ti
FOX Business
Feb 5, 2013 8:00pm EST
appreciate it. there are one set of cuts on the table. defense, just as in a north korean video shows big american city could be new york city in ruins from the ballistic missile strike. the guy who says this is downright dangerous. gas prices have never been higher. the white house missing a golden opportunity to tap into something that would bring them lower. it is all around us. find out what that is. next. don't go away. [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. if you believe in the sheer brilliance of a simple explanation. [ male announcer ] join the nearly 7 million investors who think like you do: face time and think time make a difference. join us. [ male announcer ] at edward jones, it's how we make sense of investing. liz: gas prices this time of year have never been higher, but instead of more drilling, washington stalling. members are faulty. energy research firm saying
CNBC
Feb 5, 2013 3:00pm EST
.e.c. defense lawyers, and that's where the problem starts. you know, if you have someone like mary jo white or harvey pitt who used to defend merrill lynch and you're not expecting them to make decisions that impact their ex-client, clearly they can't do that. you can strike a balance and have somebody with experience. for example, a -- >> they should be able to do it, shouldn't they? they are fighting for the law so they should be able to do it and should be able to recognize right from wrong. just because they defended a firm on wall street doesn't mean that they are lying? >> no, maria, but very clearly if your ex-client has paid you hundreds of thousands of dollars to defend it in the past, i think it's going to be really problematic for that person to be objective on the decision. >> that's a good point. >> certainly we don't question the integrity of a mary jo white. >> no way. >> but you have to say that the optics are not great if you have a person who is chairing the agency who has those kinds of conflicts, especially as andrew points out if it comes to a very high-profile case tha
CNN
Feb 1, 2013 2:00am PST
in the basement of a neighboring building. >>> a grueling day for chuck hagel. the choice for secretary of defense spent much of the day on the defensive with senators grilling hagel on his statements on israel and iran. this was not pretty. was it enough to secure a cabinet position? here is cnn's chris lawrence. >> they attacked chuck hagel from all sides. >> why do you think the iranian foreign ministry so strongly supports your nomination for secretary of defense? >> give me an example where we've been intim dated by the israeli jewish lobby to do something dumb? >> at time he stumbled through his answers and had to repeatedly correct himself. >> i have just been handed a note that i misspoke. >> reporter: leading one senator to say -- >> i want to clarify the clarify. >> reporter: in the muddle, some things became clear. hagel supports a negotiated reductions in america's nuclear weapons. he'll push for spouses of gay and lesbian troops to receive benefits and he believes the u.s. should talk with iran about its nuclear program. >> that's not negotiation. engagement is not appeasement. >> rep
FOX Business
Feb 5, 2013 1:00pm EST
ruled in at least one precedent, first amendment defense is what s&p will say, it is our opinion is void if you violate your own criteria. we should also point out that the justice department has been looking at this for several years. what do you have to say about that? you were in the belly of the beast of s&p. >> s&p never lost a lawsuit on its ratings from what i understand. again their defense was the first amendment. from what i understand about this lawsuit and department of justice is their biggest, their biggest opponent to now. they have deeper pockets than anybody else. and, my guess is it might have to do with what we call could be september at s&p of the inner circle and the outer circle. >> was this -- let's back up. was this a concept or was this part of their criteria. >> not only part of the criteria but it was drilled into analysts. >> explain. >> the outer circle, outside observers people who bought bond. s&p was outside observer is. the inner circle were people selling bond. >> bankers. >> investment bankers, basically structuringing the december. s&p always said we w
CNBC
Feb 6, 2013 9:00am EST
in there. unclear whether they'll mount any sort of defense to this deal and say we want more. but something to watch closely. as for the deal itself, the biggest cable company in the world. about 25 million customers. i think bigger than comcast at this point. obviously a huge footprint with which to negotiate, not only with programmers, but the i.t. services and everything else. that's some of the synergy numbers we're talking about there. it's a typical john malone deal, one would argue, for this kind of environment, where investors seem willing to at least embrace a levered equity. there's john. levered equity story in what is a core market. free cash flow accretive right off the bad. shareholders own 36% of the combined company. you know, there's just a lot here. as i reported yesterday, they were back and forth for quite a long time, in part because the prices were moving all over the place. virgin media shares actually shot up. they broke apart. they were able to come back when liberty stock prices also started to follow up. look at that move up. how could you want more
CNBC
Feb 8, 2013 4:00pm EST
. >> i'm inclined. i would think it would get a little more defensive and i think it will hit real resistance there and then back o.every time it backs off there's always plenty of buyers around. so far. >> get home safe, my friend. >> that will do it. we'll go out mid-range and call it as the markets in new york, boston, all over the northeast are getting ready for the blizzard. all of you get home safe if you haven't already. the second hour of "closing bell" under way right now with maria bartiromo. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody of welcome back to the "closing bell." a stormy "closing bell." i'm embroemo. t the s&p posting six straight weeks of gains for the first time since 1971. see how we're settling out on wall street. the dow jones industrial average tonight up about 41 points, a quarter of a% higher at 13,984. s&p 500 picked up 7.66 points and the nasdaq composite the big winner on the ses, technology in the lead, up 27 points on nasdaq at 3192. last trade there. the dow couldn't push high enough to make it a winning week
FOX Business
Feb 5, 2013 6:00pm EST
dollars lawsuit saying it did a shoddy job rating mortgage bonds. in his defense are expected to argue what it says can't be attacked because the first amendment right. i don't know who i'm more surprised by. the justice department or the s&p. five years after the event you suddenly find a rating agency asleep at the wheel. so is everybody else that financial crisis for home buyers become mortgages they couldn't afford the bank issued them to the investors who lapped up every bit of housing investment they could put their hands on. the rating agencies could have stopped the merry-go-round, they could have said it was obvious among a handful of investors individual mortgage of supporting these investments were junk. not worth the paper they were written on, but the agency didn't do that, but different from the banks or the borrowers, their job is to write investments. estimate their value, their worthiness but they didn't stick their neck out and they didn't do their job or run against the% tide. the first amendment defend themselves is ridiculous. docking there is possibility hiding be
FOX Business
Feb 6, 2013 6:00pm EST
defense, social security, health care is going to be everything. is that good news for americans? what should we do about it? >> it is not good news for americans. in fact, it is scary news. not just for people who care, say, but defense, but also for people to care about our ability to fund and thailand programs because by the end of this decade we will be paying close to a jillion dollars per year just in interest on our national debt. that could happen sooner to depending on what happens to interest rates in the deficits. we are getting to that point. the difference in terms of real pain now in interest among we will be paying and is more than our entire defense budget which is a pretty big deal. gerri: here is another number that blew me away. 7 million people, 7 million people will lose their employer sponsored health care. you see how this happens because ultimately that penalty that you paid as an employer is less than what you would pay for full coverage. the smart and intelligent employer says and is going to let the federal government pick up the tab. this is not what we were
FOX Business
Feb 7, 2013 6:00pm EST
to shareholders and the secretary says it will be a crippling blow to defense hello congress stop n my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." sandy hook negative three weeks until hit with another fiscal crisis, 1.2 trillion dollars over a decade decade, across-the-board spending cut targeted at nation's defense if congress doesn't act of obama reaffirmed he will not accept anything but more taxes for his solution. by ren joins me now, lawmakers don't have a lot of time. will they stop sequestration? >> as far as coming to new terms with sequestration, they like it with the budget control act is written every program concerned you cannot cut the bad ones, a just cut them all but it is probably the only way to get spending cuts out of t
FOX News
Feb 1, 2013 10:00pm EST
lewis has a good idea. as defensive coordinator he helped lead the ravens to a super bowl victory 12 years ago. he joins us. nice to see you, coach. >> how are you doing today? >> very well. i take it you are excited about the game. i'm curious what are you going to be watching for? i know you are not watching the ads like many people. what are you looking for? >> you know, we are looking for a great game. i think you have two teams that both can be explosive on offense. san francisco obviously with their ground aback but their ability to make plays with their receivers. baltimore's explosive offense and then two defenses that are going to be played very sound and very disciplined and very physical. >> greta: i'm going to look for the quarterback for the 49ers seems to run a lot which may be a nightmare for the coach but seems to run with the ball allot and flacco i watch his arm. look at the pass that he made during the playoff game against denver with 31 seconds left. i always sort of watch for the real dramatic but those are the things i like to watch. >> those were very effective
FOX Business
Feb 1, 2013 1:00pm EST
headlines. who got bleeped, you or me? thank you to congress taking the can down the road, massive defense cuts were put off until march 1. with just one month ago, there is little sign of progress. general charles joining us now. welcome, sir. $500 million in defense department spending cuts. they are likely inevitable. your thoughts on the impact. >> first of all, there has already been $487 billion of cuts levied on the deal. the 500 billion that is pending would be devastating. one of the things that i like to remind people of is we are already in sequestration. the department has already started cutting their spending on many other programs. lori: the first tape showed a contraction. as you know, there are a lot of deficit hawks out there that are happy to see cuts as painful as they may be. >> the problem is, the way it is being done now is very inefficient. it is like senator warner from virginia said. you cannot portion two thirds of a ship. lori: how is all of this impacting the day today operations? >> i think for our overseas operations, we will still have funding for that. the
CNBC
Feb 7, 2013 3:00pm EST
are going to get impacted by the cuts in defense. first your reaction to what the president said today. listen to this. >> they recognize that the sequester is a bad idea, but what they have suggested is that the only way to replace it now is for us to cut social security, cut medicare and not close a single loophole, not raise any additional revenue from the wealthiest americans or corporations. >> we have an ideological cass many here. >> the president wants more ref, new senator. what about that? >> here's the thing. you've got a president who is not willing to lead or save social security or save medicare. they are both bankrupt. social security spends and gives out more than comes in. medicare gives out $3 for every dollar that comes in and he's taking them off the table and accusing republicans of wanting to cut them. we're the ones who want to save the entitlement programs, but they will only be saved by reforming them. he takes them off the table and says oh, let's go squeeze more money out of rich people. it really -- it boggles my mind that we could have elected a president t
CNBC
Feb 4, 2013 6:00am EST
's something to be encouraged by. we actually think the opposite. so defense spending dragged down the report. that's not getting any better. the sequestration will likely go through. inventory rebuild, i think that that is premature to expect that. there's still excess inventories in autos, like trucks, for example, and then global trade, which looks considerably fairly weak and will probably stay weak. whereas the parts of the report that were viewed as strong, capital spending but most importantly consumption are likely to be very weak in the first half of the year. we just raised taxes by $200 billion. you hear the president, he wants more tax hikes, he wants more spending cuts. we think capital spending will get better through the course of the year. but what we heard through corporate america is that the near term outlook is still pretty soft. there's parts of the report that people took encouragement from are going to get worse during the first half of the year and that we're not going to necessarily print another zero on gdp. >> everyone sees the markets rocketing on friday who called
FOX Business
Feb 4, 2013 5:00pm EST
the next 10 years that comes from defense. charleston is home for 250 defense contractors. the industry generates 10% of the city's economy. how much will this hurt? with me is south carolina state treasurer curtis losties. >> thanks for having me here. melissa: this will be real tough on charleston in particular. your state will be hit pretty hard. charleston itself gets 10% of its workforce from these contracts. >> that's right. the federal government is very important to states like south carolina. and the military is. we have a long military tradition. for the jackson is the largest training base in the world. 50,000 recruits turned out every year. it means a lot. 140,000 jobs. $16 billion a year. it is 7:00 percent of our state's budget. melissa: it is huge. on top of that when we went around asking people what can they do to make up for the loss. oh, boeing is expanding their dreamliner plant. that is our big cushion here. that will save a lot of jobs. i don't know if you heard there are problems with the dreamliner and boeing right now. seems like this is a just a cluster of bad
FOX News
Feb 5, 2013 5:00pm PST
that the president believes that he has the republican party on the run, on the defensive. he can make the broad generalizations that we want to be humane in the immigration front would want to limit big assault rifles. nobody needs them. majority of the folks are responding to his argument. and all the polls show that. >> but when you look at polls and ask people about do you think government is overspending? three fourths of people think government. >> bill: you guys are on the right side of the spending. you know, mitt romney ran an economic campaign, senator. and it was all economics. very little of social issues for mr. romney. he got his butt kicked. even in that arena. >> but part of it is this. when you look at whether or not they thought governor romney was competent on the issue on four out of five he wins. the only thing he loses is they liked president obama. he was likeable. that's hard to buy in a candidate. i have great respect for governor romney but president obama has his appeal. so we need to figure out how to present and have more appeal to voters but doesn't mean we have to
MSNBC
Feb 5, 2013 4:00pm PST
's nominee for defense secretary. but today republicans tried out a new line. senator lindsey graham of south carolina called hagel clueless about your policy toward iran. he added, i hope the obama administration will reconsider his nomination. reconsider. well, lindsey likely won't be getting that wish either. we'll be right back. they're not going to reconsider. this guy is in. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. >>> welcome back to "hardball." the legal and moral debate about the use of drones has burst into the public in a big way after nbc's michael isikoff reported on a justice department memo that gives the u.s. legal justification for targe
CNN
Feb 5, 2013 2:00am PST
acted in self-defense when she stabbed her exboyfriend 27 times, slashed his throat from ear to ear and shot him twice in the head. if convicted she faces the death penalty. >> that's a strange case. >>> trayvon martin would have been 18 years old today. the unarmed florida teen was shot and killed nearly a year ago. lawyers for the man who pulled the trigger, george zimmerman, will be in court in orlando this morning. they're requesting a trial delay and additional records in this case. he faces second degree murder charges. >>> vice presidential biden is in london. he's already been to germany and france. where he praised the french government for its decisive action against islamic extremists in mally. today biden visits with u.s. embassy staff before heading to ten downing street for a meeting with british prime minister david cameron. >>> new images just in from london. these are what forensic scientists believe king richard iii would have looked like. >> wow. >> attractive? >> just minutes ago they showed off a full reconstruction of his head based on the bone structure of his
CNBC
Feb 6, 2013 7:00pm EST
employs. >> this is the worst defense i have heard. this is an obama-type defense on spending cuts. next thing you want is revenues to help the post office go through. what's go pac? i'm sorry. >> it's a teachable moment as guy talked about. this is what happens when you allow the government to come in and run an industry that in treery is private. it is not. any decision the post office wants to make to become more efficient, they have to say mother may i. in this administration you see whether it's the epa that wants to continue to regulate the energy industry, trying to do more in the car industry, trying to take over the health care industry. >> can i just interject? you see the problems between government has mother may i decisions over the economy. >> it has nothing to do with the obama administration. the problems of the post office go back way before president obama existed. the reality is it's an inefficient organization that has to answer to the government to make decisions. the problem is people aren't using the post office. >> let me make a quick point. first of all it's not
CNBC
Feb 1, 2013 9:00am EST
see a sharp drop in federal defense spending and big inventory swing. those are factors that caused us to have a small negative gdp growth last quarter. i think particularly the federal defense spending is a harbinger of what might happen if the sequester takes effect. the cuts that no one wants to see happen, would restrain government activity, would be harmful for the economy. we'd like to have a smarter approach to relieve the sequester. >> so finally, in your view, was that just a taste of what another sequester could be like? >> well, as you know, the sequester hasn't started. and we have made proposals to congress to eliminate the sequester. the sequester can certainly have a significant impact on the economy. what we saw in the fourth quarter gdp report was just a big effect on defense spending. >> right. >> possibly advanced planning because of sequester by private contractors and other factors going on. the sequester would also affect nondefense spending, and that could also have a significant impact op the economy. >> dr. krueger, appreciate your time on a busy day, for you a
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